Babson College

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Babson College
Babson College seal.svg
Former names
Babson Institute (1919–1969)
Type Private business school
EstablishedSeptember 3, 1919;105 years ago (1919-09-03)
Endowment $739.5 million (2024) [1]
President Stephen Spinelli Jr.
Academic staff
306 full-time
Students3,989 (fall 2022) [2]
Location
Wellesley
,
Massachusetts
,
US

42°17′53.63″N71°15′40.29″W / 42.2982306°N 71.2611917°W / 42.2982306; -71.2611917
Campus Suburban, 350 acres (1.4 km2)
Colors Green and white [3]
  
Nickname Beavers
Sporting affiliations
 NCAA Division III
MascotBiz E. Beaver
Website babson.edu
Logo-Babson-College-Horizontal-RGB (2).svg
Babson College
Tomasso Hall Tomasso Hall, Babson College.jpg
Tomasso Hall

Babson College is a private business school in Wellesley, Massachusetts, United States specializing in entrepreneurship education. Founded in 1919 by Roger Babson, the college was established as the Babson Institute in his Wellesley home and initially granted one-year certificates. Babson College earned degree-granting authority from the Commonwealth of Massachusetts in 1947.

Contents

History

Early Babson Institute
The original Babson Institute on Abbott Road in Wellesley, Massachusetts.png
1919-1920: Original location at Roger and Grace Babson's former home on Abbott Road
The Babson Institute on Washington Street.png
1920–1922: Second location on Washington Street

20th century

On September 3, 1919, with an enrollment of twenty-seven students, the Babson Institute held its first classes in the former home of Roger and Grace Babson on Abbott Road in Wellesley Hills.[ citation needed ] The institute's curriculum focused on practical experience. Students observed manufacturing processes during field trips to area factories and businesses, and viewed industrial films on Saturday mornings.

The institute also maintained a business environment as part of the students' everyday life. Students kept regular business hours and were monitored by punching in and out on a time clock. They were assigned an office desk equipped with standard machines. Personal secretaries typed the students' assignments and correspondence in an effort to accurately reflect the business world. Roger Babson aimed to "prepare his students to enter their chosen careers as executives, not anonymous members of the work force." [4]

In 1969, Babson converted its three-year Bachelor of Science in Business Administration degree into a four-year Bachelor of Science degree. That same year, the institute became a college, and women were admitted for the first time. [5]

21st century

Babson is involved in a three-college collaboration with Olin College and Wellesley College, often called BOW. [6] [7]

Campus

Pre-1950

Roger Babson purchased farmland in Wellesley, Massachusetts in 1921 to establish the permanent campus. This land became the foundation for the college's growth and development. The campus has grown to over 350 acres (1.4 km2) and is located in the "Babson Park" section of Wellesley, Massachusetts, fifteen miles west of Boston. [8]

Babson began building its quadrangle with the construction of Babson Park Clubhouse (renamed Park Manor South) in 1925 and Park Manor Central in 1930. Babson built the Coleman Map Building in 1925 to house the "Great Relief Map." [9] Built on a spherical surface to match the Earth's curvature, the map measured 63 by 46 feet, covering 3,000 square feet.

Newtonia

Babson is home to the Grace K. Babson Collection of Newtonia, the largest collection of Isaac Newton materials in the United States. [10] A grove of trees grafted from a fourth-generation scion of Isaac Newton's apple tree were planted in 2005 on the north lawn of Tomasso Hall. [10]

Academics

Undergraduate admissions

In 2024, Babson College admitted 17% of undergraduate applicants, with admission standards considered exceptional, applicant competition considered very high, and with those admitted having an average 3.79 high school GPA. [11] The school does not require submission of standardized test scores but they will be considered when submitted. For enrolled students, the middle 50% average of SAT and ACT scores, respectively, was 1450-1530 and 32-34. [11] [12]

Undergraduate program

Babson College offers a Bachelor of Science in Business Administration. Students can choose from 26 concentrations in business and other fields during their junior and senior years. [13] Programs are accredited by the Association to Advance Collegiate Schools of Business (AACSB) [14] and the college itself has been institutionally accredited by the New England Commission of Higher Education or its predecessor since 1950. [15]

Graduate program

The F.W. Olin Graduate School of Business at Babson College offers a one-year MBA Program, a two-year MBA Program, a 42-month evening MBA Program and a blended learning MBA Program with campuses located in Boston, San Francisco and Miami. [16] It also offers a Master's of Science in Entrepreneurial Leadership, Business Analytics, Finance, and a Certificate of Advanced Management. [17]

Rankings and reputation

Academic rankings
National
U.S. News & World Report [18] 1 (entrepreneurship)
WSJ/College Pulse [19] 2
Business school rankings
U.S. MBA Rankings
Bloomberg (2024) [20] 56
U.S. News & World Report (2025) [21] 72
Global MBA Rankings
FT (2025) [22] 60

Babson's undergraduate school and MBA program have been ranked No. 1 by the U.S. News & World Report for entrepreneurship for several consecutive decades. [23]

In 2025, Babson ranked No. 2 on The Wall Street Journal's best colleges in the U.S. list. [24] It is the No. 1 business school on Forbes ' list of colleges with the highest earning graduates. [25] Babson is ranked the No. 1 business school for Return on Investment by PayScale's 2024 rankings. In that same ranking, Babson is ranked 28th nationally for Return on Investment. [26] [27] In 2022, a Georgetown University Center on Education and the Workforce study placed Babson No. 9 overall for return on investment both 30 and 40 years after enrollment. [28]

Because Babson only offers programs in business administration, many publications do not include the college in their overall rankings. [29]

Student life

Arthur M. Blank Center Arthur M. Blank Center, Babson College - IMG 0388.JPG
Arthur M. Blank Center
The Babson Globe The Babson World Globe.jpg
The Babson Globe

Student publications include a literary magazine [30] and the Babson Built Podcast. [31] Babson College Radio was started in 1998. [32]

In 2020, the Foundation for Individual Rights and Expression ranked Babson among the 10 worst schools for free speech, alleging that the college had fired an adjunct professor because he posted on Facebook about Iran. [33]

In addition to several fraternities and sororities on campus, Babson offers students with specific interests the chance to reside in Living-Learning Communities. A few of the special-interest communities include:

Community of Developers & Entrepreneurs (CODE)

CODE (Community of Developers & Entrepreneurs) was founded in Fall 2015 to support Babson students interested in the intersection of technology and business. [34]

eTower

Founded in 2001 by Andrew Foley ’03 and housed in Van Winkle Hall, eTower was envisioned as a "living incubator" where student entrepreneurs could live, learn, and collaborate. [35]

Athletics

Babson athletics wordmark Babson beavers wmark.png
Babson athletics wordmark

Babson's teams are known as the "Beavers" and its colors are green and white. The school has 23 varsity sports teams, the majority of which compete in the New England Women's and Men's Athletic Conference (NEWMAC) of the NCAA Division III. [36] Babson's Baseball team has won 7 Conference Championships and been to 5 NCAA Tournaments, including the 2019 College World Series. Additionally, the men's soccer team have won 3 NCAA National Championships, 27 NCAA tournaments wins and 12 conference championships. The men's and women's alpine ski teams compete in the United States Collegiate Ski and Snowboard Association (USCSA) [37] and the men's lacrosse team competes in the Pilgrim League.

Babson College's men's hockey team competes in the New England Hockey Conference (formerly called the ECAC East) and has won (1) NCAA D3 National title, (1) ECAC 2 title, six ECAC East Championships, appearing in the championship game in 12 of the last 20 seasons as of 2024. [38] Babson College's men's golf team competes in the New England Collegiate Conference (NECC) and won the title in 2011. Babson United Rugby Club won Northeast region of NSCRO 7's in 2016. In March 2017, Babson's basketball team won the Division III National Championship. [39]

Notable alumni

This is a representative selection of Babson College alumni and attendees who have achieved notability in business, government, athletics, and the arts. A more complete listing is available at Category:Babson College alumni.

References

  1. ↑ "U.S. and Canadian 2024 NCSE Participating Institutions Listed by Fiscal Year 2024 Endowment Market Value, Change in Market Value from FY23 to FY24, and FY24 Endowment Market Values Per Full-time Equivalent Student" (XLSX). National Association of College and University Business Officers (NACUBO). February 12, 2025. Archived from the original on February 12, 2025. Retrieved February 12, 2025.
  2. ↑ "College Navigator - Babson College". National Center for Education Statistics . Retrieved July 24, 2024.
  3. ↑ "Logo / Brand Usage – Quick Reference guide OCTOBER 2013" (PDF). Babson College. Archived from the original (PDF) on April 13, 2018. Retrieved September 26, 2014.
  4. ↑ "Babson College: History". babson.edu. Archived from the original on December 28, 2010. Retrieved January 20, 2011.
  5. ↑ College, Babson. "Timeline – Babson History". www.babson.edu. Archived from the original on August 26, 2017. Retrieved August 31, 2017.
  6. ↑ "Babson 100". Babson Centennial. Archived from the original on December 29, 2019. Retrieved January 22, 2020.
  7. ↑ "Babson/Olin/Wellesley | Three College Collaboration". bow3colleges.org. Archived from the original on May 17, 2014. Retrieved February 24, 2019.
  8. ↑ "About Babson". babson.edu. June 15, 2006. Archived from the original on December 27, 2010. Retrieved January 20, 2011.
  9. ↑ College, Babson. "Babson College History". www.babson.edu. Retrieved March 26, 2025.
  10. 1 2 "Newtonia: A shared love for Isaac Newton". Babson 100. Wellesley, Massachusetts: Babson College. Archived from the original on April 27, 2024. Retrieved July 27, 2025.
  11. 1 2 College, Babson. "Class Profile & Acceptance Rate". www.babson.edu. Retrieved August 24, 2025.
  12. ↑ "Babson College Admission Requirements". collegesimply.com. CollegeSimply | U.S. Department of Education National Center for Education Statistics. Retrieved April 14, 2025.
  13. ↑ College, Babson. "Academics". www.babson.edu. Archived from the original on October 2, 2023. Retrieved October 10, 2023.
  14. ↑ "AACSB: Accredited institutions". datadirect.aacsb.edu. Archived from the original on July 19, 2011. Retrieved January 20, 2011.
  15. ↑ "NEASC CIHE: Babson College" . Retrieved August 31, 2017.[ permanent dead link ]
  16. ↑ College, Babson. "Babson Miami". www.babson.edu. Archived from the original on July 13, 2024. Retrieved October 10, 2023.
  17. ↑ "Graduate Business Masters Degrees". Babson College. 2016. Archived from the original on January 13, 2015. Retrieved August 28, 2016.
  18. ↑ "2024-2025 Best National Universities Rankings". U.S. News & World Report . September 23, 2024. Retrieved November 22, 2024.
  19. ↑ "2025 Best Colleges in the U.S." The Wall Street Journal/College Pulse. September 4, 2024. Retrieved September 6, 2024.
  20. ↑ "Best B-Schools". Bloomberg Businessweek.
  21. ↑ "US News MBA Rankings". US News.
  22. ↑ "FT Global MBA Rankings". FT.
  23. ↑ "College Ranking Lists > Entrepreneurship Rankings". U.S. News & World Report : Colleges. 2014. Archived from the original on July 17, 2014. Retrieved June 21, 2014.
  24. ↑ "2025 Best Colleges in the U.S." The Wall Street Journal . September 4, 2024. Retrieved September 17, 2024.
  25. ↑ Perry, Alex (August 23, 2024). "9. Babson College - 2023-08-23 - The 25 Colleges With The Highest Earning Graduates". Forbes. Retrieved September 17, 2024.
  26. ↑ Staff, Thought & Action (July 23, 2024). "Babson the No. 1 Business School for Return on Investment · Babson Thought & Action". Babson Thought & Action. Retrieved August 24, 2025.
  27. ↑ "United States | PayScale". www.payscale.com. Retrieved August 24, 2025.
  28. ↑ "Ranking 4,500 Colleges by ROI (2022)". CEW Georgetown. Retrieved August 24, 2025.
  29. ↑ Vedder, Richard (August 1, 2014). "Why You Won't Find Babson On America's Top Colleges". Center for College Affordability and Productivity. Retrieved May 31, 2024.
  30. ↑ "Babson Literary Magazine". babson.edu. June 15, 2006. Archived from the original on July 18, 2010. Retrieved January 20, 2011.
  31. ↑ "Babson Built Podcast". babson.edu. April 15, 2018. Archived from the original on October 28, 2019. Retrieved October 27, 2019.
  32. ↑ "www.cybertalk.com". March 1, 1998. Archived from the original on July 8, 2011. Retrieved January 20, 2011.
  33. ↑ Fire (January 29, 2020). "10 Worst Colleges for Free Speech: 2020". www.thefire.org. Retrieved March 27, 2025.
  34. ↑ "Home - Community Of Developers & Entrepreneurs | Babson College". belong.babson.edu. Retrieved March 26, 2025.
  35. ↑ Dunk, Alexandra (October 24, 2019). "eTower, a Venture in Itself · Babson Thought & Action". Babson Thought & Action. Retrieved March 26, 2025.
  36. ↑ "NEWMAC online". NEWMAC online. Archived from the original on February 8, 2011. Retrieved January 20, 2011.
  37. ↑ "Members". USCSA. Archived from the original on April 27, 2020. Retrieved March 11, 2020.
  38. ↑ "CAC East Championship Preview: No. 10/12 Men's Ice Hockey at No. 1/2 Norwich". Babson Athletics. March 5, 2015. Archived from the original on September 23, 2015. Retrieved August 21, 2015.
  39. ↑ "Babson has huge athletics/recreation facility overhaul on tap – The Swellesley Report - News about Wellesley, Massachusetts". theswellesleyreport.com. July 4, 2017. Archived from the original on August 26, 2017. Retrieved August 31, 2017.
  40. ↑ "Roger Enrico Obituary (1944 - 2016) - Dallas, TX - Dallas Morning News". Legacy.com. Retrieved August 24, 2025.
  41. ↑ Belanger, Lydia (June 3, 2016). "How Former PepsiCo CEO Roger Enrico Transformed the Corporation Into a Food and Beverage Giant". Entrepreneur. Retrieved August 24, 2025.
  42. ↑ Atwater, Elizabeth (October 18, 2019). "Cisneros Family and the Next Generation · Babson Thought & Action". Babson Thought & Action. Retrieved August 24, 2025.
  43. ↑ College, Babson. "Notable Alumni". www.babson.edu. Retrieved August 24, 2025.
  44. ↑ Crawford, John (November 22, 2019). "For This Fashion Entrepreneur, Making Shoes with Disney 'Like a Dream'". Babson Thought & Action. Retrieved August 24, 2025.
  45. ↑ "Babson alum Ruthie Davis makes her mark in fashion world - The Boston Globe". BostonGlobe.com. Retrieved August 24, 2025.
  46. ↑ Lanthier, Kait Smith (January 28, 2020). "Ring Founder and Babson Alumnus Named AACSB Influential Leader · Babson Thought & Action". Babson Thought & Action. Retrieved August 24, 2025.
  47. ↑ Kim, Eugene. "Amazon's Ring goes full founder mode, taking the company back to its crime-fighting roots". Business Insider. Retrieved August 24, 2025.
  48. ↑ "They Got the Look" (PDF). Babson College. Archived from the original (PDF) on November 27, 2019. Retrieved November 27, 2019.
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